Political Quotes

On the recordMay 21, 2012
Since the passage of the Dodd-Frank Act, its proponents have repeatedly claimed that both consumers and our financial markets will benefit from the new law. We now know that both of those claims are false.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby criticizes claims about Dodd-Frank's benefits for consumers and markets.

Share

More from Richard Shelby

May 16, 2022

Russia's launched multiple hypersonic weapons as part of their invasion of the Ukraine and China is continuing to develop its own hypersonic weapons.

congress.gov
May 2, 2022

a lot of untrained men in this circumstance might be called into training and exercises that they aren't prepared for

congress.gov
Feb 28, 2023

As Senator Shelby at our Senate testimony hearing last March pointed out to us, we must maintain what we have before we can build new, and I think he hits the mark head-on.

congress.gov
Dec 22, 2022

I rise today for the last time here to address my colleagues on the floor. After nearly 100 years of combined service between myself and the chairman, I think that we understand the Senate a little bit. This bill, we know what it is--we…

govinfo.gov

Other voices in this conversation